Updated Dec 21, 2023
Christina Chao Acquires Multifamily Property In Sunnyvale For $14.25M
1285 Ayala Drive, Mountain View, California 94086, United States
$14,250,000
$521/SF
Building Size
27,332 SF
Asset Type
MultiFamily
Closing
Jan 9, 2022
About this deal
AI
The multifamily property located at 1285 Ayala Dr in Sunnyvale, CA was recently sold in a closed transaction on January 10, 2022. The property spans a total area of 27,332 square feet and was sold for a price of $14,250,000, resulting in a price per square foot of $521.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,250,000
- Address: 1285 Ayala Dr, Sunnyvale, CA
- Market: Sunnyvale, CA
The buyer of the property is Christina Chao, while the sellers are Jenny Mazhenlu Qi and Mike Yun Qi.
Players
Sunnyvale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93